Oman: Domestic credit to the private sector
* indicates monthly or quarterly data series
| Oman |
Domestic credit to the private sector, percent of GDP |
|---|---|
| Latest value | 65.14 |
| Year | 2019 |
| Measure | percent |
| Data availability | 1972 - 2019 |
| Average | 30.52 |
| Min - Max | 4.70 - 66.67 |
| Source | The World Bank |
The latest value from 2019 is 65.14 percent, an increase from 61.07 percent in 2018. In comparison, the world average is 54.94 percent, based on data from 162 countries. Historically, the average for Oman from 1972 to 2019 is 30.52 percent. The minimum value, 4.7 percent, was reached in 1972 while the maximum of 66.67 percent was recorded in 2016.
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Definition: Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 41.33 | 2020 | ATMs per 100,000 adults |
| Bank branches per 100,000 people | 14.20 | 2020 | bank branches |
| Percent people with credit cards | 26.62 | 2011 | percent |
| Percent people with debit cards | 53.01 | 2011 | percent |
| Domestic credit to the private sector | 65.14 | 2019 | percent |
| Bank credit to the private sector | 58.59 | 2023 | percent |
| Liquid liabilities, percent of GDP | 60.48 | 2019 | percent |
| Bank assets to GDP | 93.32 | 2019 | percent |
| Financial system deposits, percent of GDP | 56.24 | 2019 | percent |
| Bank credit to government | 18.22 | 2019 | percent |
| Banking system concentration | 63.86 | 2021 | percent |
| Foreign bank assets | 11.00 | 2013 | percent of total bank assets |
| Percent people with bank accounts | 73.60 | 2011 | percent |